Precious metals news

There is absolutely zero reason to presume that central banks can maintain course without consequence.

Central Banks still stuck on quantitative easing. Doesn't see continued Dollar Strength

This year is simply one step on the bullish path for the precious metal as an inflation sleeping giant wakes,

Gold demand rebounded to a three-year high in 2016 as investor concerns over political issues including Brexit spurred demand for a haven.

Wage Growth Weakens To Below Level At End Of Great Recession. People NOT in the labor force actually declined a bit in January 95,102,000 to 94,366,000. That is a plunge of 736,000 NILF.

Once the Fed ended its $3.7 trillion "experiment" of vastly expanding its money-creation and bond-buying in early 2014, what happened to bank credit?

The bank will cut as much as 17 percent of staff globally in its equities unit and reduce fixed-income headcount by as much as 6 percent, with notices to be served to employees soon

“The franchise is definitely damaged but they had to damage it to get through the next couple of years,”

Is the King of Bankruptcy About to INTENTIONALLY Crash the US System...and Rebuild From the Ashes!?!

The Trump administration doesn’t believe Dodd-Frank measures, including the Volcker Rule, addressed real issues in the financial system....

“Essentially, taxpayers money will be used as a last resort to bail out troubled banks.” The new rules are aimed, ultimately, at minimizing taxpayer bailouts in future.

Draghi argues economy remains dependent on monetary stimulus. "is this higher inflation sustainable?’”

It is evident this situation will not improve anytime soon. President Trump’s harsh language towards their Chinese trading partners causes a lot of unrest.

Sending USD/JPY higher rapidly - JGBs are rallying strongly (10yr yield off to 0.115% or so on the BOJ operations) - BOJ will buy unlimited amounts at fixed-rate Note that the Bank of Japan keeps telling us they want to keep yields on 10 year bonds around zero percent. It sometimes takes them a little while respond when yields start to rise, but respond they do. Having said that, they may need to do even more.

“The focus will be on whether the BOJ will deliver further action later in the day as it still has options to rein in the rise in yields.”

US president expected to take steps to reverse financial regulations designed to protect consumers and prevent a repeat of the 2008 crisis

This article was submitted by Joel Bauman, SchiffGold Precious Metals Specialist. Any views expressed are his own and do not necessarily reflect the views of Peter Schiff or SchiffGold.
One of the wisest questions any potential buyer can ask before they purchase an asset is, “How much would I receive if I sold this asset or product today?” In other words, “What is the bid on this asset?” Answering this one question alone can save an individual from making a foolish purchase.
Wise buyers understand the fundamental dynamics of the market. They are aware there is no single price for any product or asset. Instead, there is an “ask” price and a “bid” price.
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Dealers create a market by simultaneously acting as sellers and buyers. Dealers earn a profit via b...

So far, the Trump administration continues to deliver on some key campaign promises. These promises include the travel ban, federal hiring freeze, and authorizing the construction of the US-Mexico border wall. Higher education is another issue Trump will likely be addressing in the coming months, as it continually ranks as the biggest source of consumer debt today.
According to the student loan debt clock, the total is 1.47 trillion. The balance owed is almost as much as the total credit card and auto loans combined. Here are a few more alarming statistics:

Gold prices have gotten a Trump bump this week following last Friday’s travel ban and the worldwide condemnation heard from foreign leaders and thousands protesting at US airports. Donald Trump’s first 11 days in office continue to demand investor attention, even as FOMC meetings begin today. Whether the Fed will raise rates is being overshadowed by speculations about immigration, fiscal spending, and an increasingly more divided Republican coalition.

The Man Who Exposed The Fed Warns Economic Collapse Imminent — & Trump will Get the Blame Instead of the FED...